Ever since covid first started the United States has relied too heavily on other countries to create our everyday products like masks, clothing, hand sanitizer, and other important products.
For example, Wessel thinks that “There’s been a recognition that if you rely too much on supply chains that are long and go to China, we may find ourselves in a bad place if we need something in a hurry,” In my opinion this is true we are relying on other countries to make products and import them to us.
Yes, it’s true that it might be cheaper for other countries to import products to us but we need to keep our allies for other important times that may come up. Also since the pandemic started the whole world was/is relying too much on zoom now most workers prefer to work from home and send their work to their workers from home. If this goes on there will be huge economic impacts to small businesses like coffee shops and other fast-food restaurants that relied on these people to make a profit.
I believe that we have relied too much on zoom and now the world wants to work from home because it’s easier. But we need them to go to work at the facilities so we can go back to normality. But if this goes on it will be disastrous for many people.
Should we keep working from home or go physically to work after the pandemic?
Dear Bryan,
I am very impressed by your post “The covid economy” because it is an analytical perspective on what has happened so suddenly. I think the post is very clear and well thought out. The information relates to the covid economy very well.
A sentence that really stood out to me was “If this goes on there will be huge economic impacts to small businesses like coffee shops and other fast-food restaurants that relied on these people to make a profit.” I think is accurate because with fewer and fewer people going out then will be much less business.
Thanks for your writing. I look forward to seeing what you write next because your perspective on the economy is very analytical. Since i am taking Econ and Gov this will be very helpful.
Adalberto Vega
Bryan, this is a very interesting perspective, and I definitely agree with you. I like how throughout your examples of elements of our everyday life in America, you show how the theme of being comfortable with our situations may not be as positive as many think. In this case, it seems as though ‘comfortable’ is associated with ‘easy’–through relying on other countries for vital products and choosing to zoom rather than go into work, and like you implied, it’s generally not best to take the easy way out.
Your comment about the desire to work from home reminds me of an article from The New York Times, “The Future of Offices When Workers Have a Choice” which discusses the possible transformation of the marketplace after this period of flexibility and essentially choice. Like you said, returning to normality by returning to the office seems like the least problematic route, but likely won’t be the case.
Thank you for your analysis, Bryan, I look forward to reading about your further insight into the effects of Covid on our economy–a topic that needs to be considered.
https://www.nytimes.com/2021/01/04/upshot/work-office-from-home.html?searchResultPosition=3
Dear Bryan,
I found your writing on the covid economy to be fascinating. Particularly “There’s been a recognition that if you rely too much on supply chains that are long and go to China, we may find ourselves in a bad place if we need something in a hurry” China has undoubtedly dominated global supply chains for decades now and has become “the world’s factory” since opening up under the policies of Deng Xiaoping. I think our supply chains have been exposed to weakness after COVID-19, and we will most likely see the rise of resilient supply chains. What do you think?